Intelliconnect report high sales and profit growth in 2017

Intelliconnect (Europe) Ltd greatly improved their sales and profit figures in 2017. Roy Phillips comments: "We have had a fantastic year of growth in both sales and profitability despite difficult UK market conditions. Our sales are export led and have been helped by the weak pound but our true growth has really been due to product innovation and diversification and improved penetration of new markets including medical and cryogenics."

In the year 2016-2017 Intelliconnect achieved sales growth of 38 per cent from a 54 per cent increase in orders, resulting in a net profit increase to 12 per cent from 4 per cent in 2016. The company is on target for this coming year to meet a projected 66 per cent growth in sales and increase 47 per cent in orders.

Intelliconnect are now active in 20 different countries and in addition to their core RF and waterproof connector products they have seen a big increase in their cable assembly sales. They have also maintained SC21 accredited levels of 97 per cent on-time delivery and 99.6 per cent quality levels.

Phillips continues: "Our success is due to the commitment of our team, high-quality UK design and manufacture, product innovation and diversification."

In addition to continued membership of SC21, the Aerospace, Defence, Security and Space Industry, Supply Chain Programme, Intelliconnect have recently become a member of the British Cryogenics Council to support their very successful cryogenic cable assembly business. Their membership will ensure that their products and new developments keep up to date with leading-edge research and market opportunities as they happen.

Intelliconnect manufacture a wide range of standard and custom RF connectors and components, including waterproof and fast turnaround custom designs which are undertaken without NRE charges to their customers. Intelliconnect also manufacture a large range of coaxial adaptors to facilitate inter-series connection and gender change etc.

In addition to custom cable assemblies Intelliconnect's cryogenic cables and components work to 2K (-271.15degC) and are suited to a wide range of applications including test and measurement, instrumentation, medical and material research and cryogenic systems including dilution refrigerators, superconducting magnet systems, low-temperature detector systems, infrared array systems.

Typical applications for Intelliconnect's products include MIL and aerospace, medical, marine, oil and gas, and general microwave markets. For more information visit www.intelliconnect.co.uk.

Intelliconnect (Europe) Ltd

Unit 5 Beehive Business Centre
Beehive Lane
Chelmsford
CM2 9TE
UNITED KINGDOM

+44(0)1245 347145

sales@intelliconnect.co.uk

www.intelliconnect.co.uk

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